Investment Advisor October 2002

Cover Story

Features

  • Double Whammy

    It's dismal enough paying taxes when the economy is vigorous and sane. Doing so in yet another year when some portfolios are down 40% to...

  • Estate Planning: An Oxymoron?

    Tax-savvy estate planning these days is easier said than done, thanks to the unclear future of the estate tax itself (President Bush and the House...

  • Smartt Fund Choices

    In the midst of this challenging investment environment, John Smartt Jr., a CPA (but not a tax preparer) with the planning firm Financial Counseling &...

  • Moving On

    The morning mists have just begun to lift from the tiny Chinese village when Lesley Brey hops on her mountain bike and begins pedaling toward...

  • Against the Tide

    You already know the state of the markets. You know, too, how clients feel watching assets dwindle. Industry experts tell you that a down market...

  • Moving Away From Equities

    This year, there has been a slight but noticeable shift in var-iable annuity assets away from equity subaccounts toward fixed accounts and bonds. Following are...

  • The Truth About Monte Carlo

    One of the hottest tools in the investment industry is Monte Carlo simulation or, if you would like the $20 term, stochastic modeling. Why has...

  • All in the Family

    Taxes have long been a driving motivation in estate planning. Tax avoidance often seems to override all other concerns, making the guiding goal of estate...

  • A Matter of Forms

    The changing approach to estate planning will result in a number of modifications to "standard form"documents. Some of the anticipated changes: oMost form documents treat all...

  • For More Information

    Books Money Doesn't Grow on Trees: A Parent's Guide to Raising Financially Responsible Children, by Neale Godfrey (Fran Harris Fireside, 1994) The Family Incentive Trust, by John...

  • Selling High

    Like to hear a bit of good news? Try this: Despite the drab equity markets, resulting in lagging revenue and smaller client portfolios for advisors,...

  • The Hidden Costs of Taxes

    Sellers who try to determine the value of their practice frequently overlook an important issue: taxes. For example, a seller who obtains the majority of...

  • Managing Risk

    The asset management industry has become more complex over recent years. Organizations that may have focused a few years ago on delivering one or two...

  • Mirror, Mirror

    Andrew Dudley isn't trying to make his fund, Fidelity Advisor Intermediate Bond/Instl Fund (EFIPX), the best in its category. Nor is he trying to give...

  • About the Manager

    Andrew J. Dudley, CFA, is a vice president and portfolio manager for Fidelity Investments, part of Fidelity Brokerage Services LLC. He has managed Fidelity Advisor...

Columns

  • Consult, Find a Niche, and Succeed

    If you haven't noticed, a number of reports have been released over the past few months providing a snapshot of the registered investment advisory and...

  • Parental Guidance

    What could be worse than having your portfolio mowed down by the market with retirement just over the horizon? For countless baby boomers, the other...

  • Should You Be Job Hunting?

    This is one of the most difficult markets in the last 70 years for financial advisors. It is forcing many advisors to do a lot...

  • Harvest Time?

    As the trees of New England shed their verdant hue for the spectacular colors of autumn, farmers begin to harvest summer's bounty. With the markets...

  • Part 1:Prometheus Bond

    Bond fund management is not known for clever and novel ideas-- at least, not well known. Active management with aggressive timing of maturities and different...

  • Part 2:Crocker's Kingdom

    Prescott B. Crocker manages Evergreen High-Yield Bond and is a senior vice president with Evergreen Keystone Funds, his employer since 1997. Prior to Keystone, he...

  • Part 3: Bonds in Your Sites

    Most general-purpose financial news sites give short shrift to the bond market. Sure, you can find the latest Treasury market yield curve (rates graphed for...

  • Part 1: A Missed Opportunity?

    Independent advisors are squandering the opportunity to provide stock option planning to high-net-worth individuals. So says Bill Briggs, and he ought to know. Briggs' small...

  • Part: 2:Managing Bonds Better

    The introduction of fixed-income exchange traded funds gives advisors a better way to manage diversified portfolios that include bonds. ETFs are index funds that are bought...

  • Part 3: Easing Into Hedge Funds

    Advisors looking for alternative investments are likely soon to have an attractive new vehicle: a passively managed fund of hedge funds. Standard & Poor's on September...